menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Principles of Corporate Finance Study Set 4
  4. Exam
    Exam 14: Working Capital and Management of Current Assets
  5. Question
    A Firm Has an Average Age of Inventory of 20
Solved

A Firm Has an Average Age of Inventory of 20

Question 18

Question 18

Multiple Choice

A firm has an average age of inventory of 20 days, an average collection period of 30 days, and an average payment period of 60 days. The firm's cash conversion cycle is_________ days.


A) 50
B) 110
C) 70
D) -10

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q13: _float is the delay between the receipt

Q14: The credit applicant's_is its ability to repay

Q17: An increase in the average payment period

Q19: An increase in collection efforts will result

Q20: A firm has a cash conversion cycle

Q22: Inventory insurance costs is an example of_costs<br>A)

Q23: Ideally a firm would like to have

Q202: By efficiently managing the firm's operating and

Q231: Float exists when a payee has received

Q307: The increase in bad debts associated with

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines